Plaintiffs allege REBNY and dozens of real estate brokerages perpetrated a “wholly separate conspiracy” from the claims resolved by the NAR settlement, but defendants disagree. Continue reading
NAR’s landmark settlement bars sellers’ agents from offering commissions to buyers’ agents in the MLS. A batch of new companies are stepping in to fill the void. Continue reading
Attorneys for the plaintiffs in a case now known as Moratis stress that NAR’s proposed settlement won’t stop “a key element of the antitrust conspiracy” and might take years to go into effect. Continue reading
The vast majority of more than 600 multiple listing services nationwide have chosen to opt in to the National Association of Realtors’ commission settlement, according to a new Inman analysis. Continue reading
The California Association of Realtors postponed the release of 21 forms this week after receiving feedback from members — and an inquiry from the U.S. Department of Justice. Continue reading
Industry leaders see the lawsuits as one of the top recruiting challenges of 2024, according to Intel survey results. But the brokers who target and elevate middle-tier agents have an opportunity. Continue reading
Roshani Sheth, a former product manager for the Realtors Information Network, filed suit after an Equal Employment Opportunity Commission probe into her racial and sexual harassment claims. Continue reading
Brokerages and MLSs have until 11:59 p.m. CST Tuesday to opt in to deals resolving antitrust claims brought by sellers targeting commissions. Inman contacted 79 brokerages for their updates. Continue reading
At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and new business opportunities will be revealed. Join us. Mark your calendars: The U.S. Department of Justice will… Continue reading
Agents who rely on NAR primarily to protect their public image are less certain the trade group — which still enjoys broad approval — is a net positive for the industry, according to Intel poll results. Continue reading